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The Fund has set a capacity building program to further develop the representatives’ skills and performance and keep them updated with corporate governance best practices. As part of that program, the Fund periodically organizes forums that host experts in the related fields that would enhance the representatives’ performance.
First Forum: In March 2019, SSIF held the first forum on the best practices in corporate governance. The forum hosted speakers from the Central Bank of Jordan (CBJ), Jordan Securities Commission (JSC), Amman Stock Exchange (ASE), Amman Chamber of Commerce and the private sector. The speakers covered issues such as the benefits of corporate governance implementation, minority rights, conflict of interest and transparency requisites.
Second Forum: In July 2019, SSIF held the second forum on the Jordanian legal framework of implementing corporate governance practices. The forum addressed key aspects pertaining to the implementation of corporate governance practices at public and private equity companies and the role of the board representatives in solving related problems at the boards’ level.
Third Forum: In February 2020, SSIF held the third forum that discussed issues related to the standards of corporate governance. The forum hosted a number of experts from the Central Bank of Jordan (CBJ), the United Nations of Development Programme – UNPD Jordan, Jordan Institute of Directors and representatives from the private sector.
The speakers discussed the latest corporate governance practices and their impact on the stakeholders’ rights and the companies’ profitability, and the impact of implementing Sustainable Development Goals (SDGs) on the companies’ business and the local society and environment. The forum also shed light on the CBJ’s regulations pertaining to corporate governance implementation in banks and banking secrecy.
Forth Forum: In November 2021, SSIF held the forth forum that discussed the recent trends in corporate governance. The forum hosted a number of local and Arab experts who discussed how the board of directors dealt with the challenges the faced due to the pandemic and how they mitigated its impact on the business environment. The forum shed light on the role of corporate governance in business sustainability, and the role of the external auditor in supporting corporate governance practices. The forum also highlighted the global environmental, social, and governance (ESG) pillars when formulating policies and implementing various activities, and drew the attention to the importance of these non-financial indicators on the business sustainability along with financial indicators.
Fifth Forum: In July 2022, the Social Security Investment Fund (SSIF) convened its Fifth Corporate Governance Forum under the theme: “The Monetary Policy of the Central Bank of Jordan and its Effect on the Jordanian Economy and the Financial Positions of Companies.”
The forum featured experts from the Central Bank of Jordan (CBJ) and the private sector, who explored the core tenets of CBJ’s monetary policy and its impact on various economic sectors. Discussions highlighted the measures taken by CBJ to preserve monetary stability and foster a more investment-friendly environment, particularly during critical periods such as the COVID-19 pandemic.
Private sector experts reflected on the implications of rising interest rates and monetary tightening on companies’ financial positions. Dialogue also focused on enhancing corporate resilience in times of crisis through effective liquidity management, asset-liability alignment, and access to appropriate financing solutions. Sixth Forum: In September 2022, SSIF convened its Sixth Corporate Governance Forum under the theme: “Social, Environmental, and Corporate Governance,” in cooperation with the Jordan Institute of Directors (JIoD) and its strategic partner, the International Finance Corporation (IFC), a member of the World Bank Group.
Experts from IFC participated in dialogue sessions that highlighted the experiences of global companies and best practices in sustainable development and the green economy transition. Discussions focused on the positive impact of adopting social, environmental, and corporate governance standards on financial and operational performance, as well as on the broader business climate and economy.
The forum also underscored the strategic role of boards in embedding sustainability standards and practices. Emphasis was placed on how such practices strengthen long-term financial sustainability, enhance competitiveness, and institutionalize the principles of good governance and sound management. Seventh Forum: In March 2023, SSIF held its Seventh Corporate Governance Forum under the theme: “Corporate Financial Positions and Insolvency.”
The forum brought together financial, legal, and accounting experts to discuss global economic trends, financial crises, and their implications for corporate performance and national economic stability. A dedicated session featured an analytical review of a Jordanian public shareholding company’s 2022 financial statements, focusing on key indicators and growth assumptions.
Another session explored the role of the Insolvency Law in corporate governance and risk mitigation. The law was presented as a vital instrument for enabling distressed companies to restructure rather than liquidate, thereby protecting creditor rights, preserving value for stakeholders, and reinforcing investor confidence in Jordan’s legislative and regulatory environment. Eighth Forum: In December 2023, SSIF organized its Eighth Corporate Governance Forum under the theme: “Corporate Governance Regulations for Banks,” in collaboration with the Central Bank of Jordan (CBJ).
The forum featured a CBJ expert speaker and targeted SSIF representatives serving on the boards of banks and financial institutions in which the Fund holds equity. Discussions centered on the recently amended banking governance regulations and the pivotal role of boards in setting institutional goals, directing policies, and overseeing strategic planning.
The forum also addressed the importance of aligning bank governance with environmental and social responsibility, executive performance oversight, and the adoption of sustainable operational practices—ultimately contributing to a stronger financial sector and national development. Ninth Forum: In November 2024, SSIF held its Ninth Corporate Governance Forum under the theme: “The Role of Board Members in Strategy Development and Sustaining Outcomes.”
The forum featured a focused session on strategic management and governance tools essential for effective planning. Key discussions emphasized the importance of forward-looking corporate vision, data-informed decision-making driven by market trends, and performance monitoring to ensure agility and strategic alignment.
The forum concluded with a reaffirmation of SSIF’s commitment to enhancing the performance of its portfolio companies through close cooperation with key stakeholders and the adoption of international best practices. These efforts aim to support the Fund’s long-term goals and advance Jordan’s sustainable economic growth. Tenth Forum: In May 2025, SSIF convened its Tenth Corporate Governance Forum under the theme: “Toward Strategic Governance that Delivers Sustainable Impact.”
The forum welcomed high-level speakers from the Amman Stock Exchange, the Central Bank of Jordan, and UN Women – Jordan. Through three thematic sessions, the forum spotlighted the global shift from traditional to strategic governance, emphasizing the need for strong oversight, institutional resilience, and sustainable performance.
Key topics included the importance of climate-related disclosures in enhancing corporate transparency, the role of boards in channeling investments into green finance as a pillar of economic sustainability, and the impact of women’s participation in leadership on governance quality and ESG outcomes.
The Social Security Corporation (SSC) is a major investor in the tourism sector. Geographically, its portfolio covers most parts of the Kingdom through direct and indirect investments.
SSIF invests in the energy sector through strategic holdings in electricity generation and distribution companies, in addition to renewable energy projects
Al Daman for Development Zones Company (DDC) was established in 2009 as a private shareholding company fully owned by the Social Security Corporation. DDC is the investment arm of the Investment Fund for infrastructure development, services and marketing for the King Hussein Bin Talal Development Area in Al Mafraq and the Irbid Development Area
The value of the equity portfolio amounted to around JD 2,944.4 million as at 30/06/2025
The value of the bonds portfolio amounted to JD 9,831.6 million as at 30/06/2025
The portfolio consists of money market instruments with maturity dates that do not exceed one year, such as deposits, treasury bills, repurchase agreements, certificates of deposit and current accounts.
The Fund invests in medium and long term loans through direct lending to the Jordanian Government and its public institutions, and also by participating in syndicated loans to companies for a period that is not less than one year.
In September 2020, SSIF established a wholly owned company that will launch an agricultural project in the south on an area of 30,000 dunums with a total investment of JD 13 million